B.12/25: Funding proposals and matters related to the proposal approval process; including status of the Fund’s pipeline and the Project Preparation Facility: Project Preparation Facility

The Board,

1. Requests the Secretariat to present a document, taking into consideration the views expressed by the Board at its twelfth meeting, on matters related to the scope and functioning of the Project Preparation Facility, for consideration and adoption by the Board at its thirteenth meeting; and
2. Notes that the Board will consider applications under the Project Preparation Facility once the guidelines are adopted.